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The Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007

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Financial Services and Markets Act 2000 (c.8)

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93.—(1) Section 366 of that Act (insurers carrying out contracts of long-term insurance) is amended as follows.

(2) For subsection (4) substitute—

(4) A winding up resolution may not be passed—

(a)as a written resolution (in accordance with Chapter 2 of Part 13 of the Companies Act 2006), or

(b)at a meeting called in accordance with section 307(4) to (6) or 337(2) of that Act (agreement of members to calling of meeting at short notice)..

(3) In subsection (5) for “section 380 of the 1985 Act (or Article 388 of the 1986 Order)” substitute “section 30 of the Companies Act 2006”.

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